【$STX Signal】Pullback to Long + 1H Level Bottoming Rebound
$STX The 1H level has formed a double bottom structure around 0.252, and the price is attempting to stabilize above the EMA20(0.2548). Although the 4H cycle is in a downtrend channel, the latest candlestick closed bullish, and the buying volume ratio(0.56) has increased, indicating weakening short-term selling pressure and a technical rebound demand.
🎯Direction: Long (Long)
⚡Entry/Order: 0.2528 - 0.2541
🛑Stop Loss: 0.2495
🚀Target 1: 0.2590
🚀Target 2: 0.2630
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price of 0.2535. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.
Depth Logic: The order book depth imbalance reaches 29.02%, with buy orders significantly stronger than sell orders, indicating strong support below. The 1H RSI(48.97) has exited the oversold zone, forming a bullish divergence with the price. Despite the weak 4H trend, the inflow of funds at the 1H level (latest hourly buy volume ratio 0.63) and price stabilization resonate, making it a typical short-term rebound sniper point.
View real-time market 👇 $STX
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【$STX Signal】Pullback to Long + 1H Level Bottoming Rebound
$STX The 1H level has formed a double bottom structure around 0.252, and the price is attempting to stabilize above the EMA20(0.2548). Although the 4H cycle is in a downtrend channel, the latest candlestick closed bullish, and the buying volume ratio(0.56) has increased, indicating weakening short-term selling pressure and a technical rebound demand.
🎯Direction: Long (Long)
⚡Entry/Order: 0.2528 - 0.2541
🛑Stop Loss: 0.2495
🚀Target 1: 0.2590
🚀Target 2: 0.2630
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price of 0.2535. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.
Depth Logic: The order book depth imbalance reaches 29.02%, with buy orders significantly stronger than sell orders, indicating strong support below. The 1H RSI(48.97) has exited the oversold zone, forming a bullish divergence with the price. Despite the weak 4H trend, the inflow of funds at the 1H level (latest hourly buy volume ratio 0.63) and price stabilization resonate, making it a typical short-term rebound sniper point.
View real-time market 👇 $STX
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Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL